Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Bryson Cove Rd Abingdon, VA 24210
    Back to Search
    Property profile & analytics

    Bryson Cove Rd, Abingdon, VA 24210

    View on Map
    • Land
    • 233.53 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Bryson Cove Rd

    Lot size
    233.53 lot acres
    Property type
    Land

    Description

    This exceptional 233.53-acre property in Washington County, Virginia, near Abingdon (zip code 24210), offers unparalleled recreational opportunities and potential for development. Located off Bryson Cove Road, the land boasts a gently sloping terrain with multiple potential building sites, making it ideal for a secluded home or hobby farm. Existing infrastructure includes road frontage with readily accessible power. The property is fenced and gated at the entrance, enhancing privacy and security. A natural spring provides a reliable water source. The extensive hardwood forests offer significant timber value and numerous trails for exploration. Adding to its appeal, the property adjoins the Hidden Valley Wildlife Management Area (WMA), providing access to even more hunting and recreational land. Wildlife is abundant, with whitetail deer, turkey, and bear inhabiting the area. Nearby attractions include the Channels Recreation Area and the Jefferson National Forest. This property presents a unique blend of recreational pursuits, potential building sites, and investment value, making it an exceptional opportunity for outdoor enthusiasts and discerning buyers. All information should be verified by the buyer.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Abingdon
    County
    Washington
    State
    Virginia
    Longitude
    -82.0228
    Latitude
    36.8071

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      Hayters Gap Rd

      Land
      0 Hayters Gap Rd, Saltville, VA 24210
      View Details
    • Value Estimation by Request
      16.72 Acres

      555 Porterfield Hwy

      Land
      555 Porterfield Hwy, Abingdon, VA 24210
      View Details
    • Value Estimation by Request
      2.80 Acres

      179 Jonesboro Rd

      Multifamily properties
      179 Jonesboro Rd, Abingdon, VA 24210
      View Details
    • Value Estimation by Request
      109.74 Acres

      Toole Creek Rd

      Agricultural land / Farmland
      0 Toole Creek Rd, Abingdon, VA 24210
      View Details
    • Value Estimation by Request
      1.36 Acres

      000 Rust Hollow Rd

      Land
      000 Rust Hollow Rd, Abingdon, VA 24210
      View Details
    • Value Estimation by Request
      0.71 Acres

      Hendricks Dr

      Land
      0 Hendricks Dr, Abingdon, VA 24210
      View Details

    Similar Nearby for Sale

    • $129,900
      Pending

      Abingdon Land with Farmhouse

      6.31 acre farm with farmhouse, barn, and utilities.
      26537 Rich Valley Rd, Abingdon, VA 24210
      View Details
    • Contact for pricing
      0.41 Acres

      Residential Lot in Abingdon, VA

      Residential lot for sale in Abingdon, close to amenities.
      Clark St, Abingdon, VA 24210
      View Details
    • $129,900
      274,863 SF

      Farm with Historic Tobacco Barn

      6.31 acre farm featuring a historic tobacco barn.
      26537 Rich Valley Rd, Abingdon, VA 24210
      View Details
    • $129,900
      48.20 Acres

      Abingdon, VA Wooded Acreage

      48.2 acres near Abingdon, VA, ideal for recreation.
      Fork River Rd, Abingdon, VA 24210
      View Details
    • Contact for pricing
      0.46 Acres

      Abingdon, VA Building Lot

      Building lot in prime location between Abingdon and Emory.
      Village Loop, Abingdon, VA 24210
      View Details
    • Contact for pricing
      0.35 Acres

      Residential Lot in Steeplechase

      0.35-acre cleared lot ready for your dream home.
      Bridle Dr, Abingdon, VA 24210
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant Space in High-Traffic Location

      Restaurant space available in Abingdon, VA with high visibility.
      735 E Main St, Abingdon, VA 24210
      View Details
    • Contact for pricing
      2,450 SF

      Abingdon Retail or Office Space

      Retail or office space in scenic Abingdon, Virginia.
      308-372 Towne Center Dr, Abingdon, VA 24210
      View Details
    • $1,950 /Mo
      1,772 SF

      Abingdon Office Space For Rent

      Full-service lease in Abingdon, VA, with easy access.
      230 Charwood Dr, Abingdon, VA 24210
      View Details
    • Contact for pricing

      Abingdon Office Space For Rent

      Professional office space with ample parking and sought-after visibility.
      230 Charwood Dr, Abingdon, VA 24210
      View Details
    • $639,950
      2,490 SF

      Professional Office Space in Abingdon

      Well-maintained office space near historic Abingdon, Virginia.
      612 Campus Dr, Abingdon, VA 24210
      View Details
    • $1,475 /Mo
      5,250 SF

      Commercial Space on Heavily Traveled Highway

      Commercial building with parking, signage, and flexible office/retail space.
      15610 Porterfield Hwy, Abingdon, VA 24210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Bryson Cove Rd
    Abingdon, VA 24210
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Bryson Cove Rd, Abingdon, VA, 24210
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!